Traughber Mechanical Services Expands Franklin, Kentucky, Operations
Having outgrown its current manufacturing facility, TMS will add 6,000 square feet, pushing its total building size to nearly 19,000 square feet. That will accommodate new offices, machinery and other equipment.
“We are excited about the opportunity to expand our business and bring more jobs to the Simpson County community,” said Joey Traughber, Vice President for Business Development. “This expansion will allow us to better serve our existing customers and grow our customer base by adding more fabrication space and equipment. We worked closely with state of Kentucky and our local economic development office to secure the Kentucky Business Investment incentive and that helped to make this expansion a reality for our business."
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in February preliminarily approved the company for tax incentives up to $120,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets. In addition, TMS can receive resources from the Kentucky Skills Network.
Founded in Franklin in 1992, TMS manufactures specialty products, including ductwork, piping and other quality fabricated products. The company currently employs 29 Kentucky residents.
“Traughber Mechanical Services has called Simpson County home for a quarter of a century, and I am pleased to announce the company’s decision to invest even further in Kentucky,” said Governor Bevin. “The Commonwealth has worked closely with the Traughber family to make this expansion a reality, and I want to congratulate them and the Franklin community on this important commitment to additional job creation.”
Franklin Mayor Ronnie Clark noted the company’s long-standing relationship with the community and the skilled job opportunities presented by the investment.
“Traughber Mechanical, which located in Franklin 25 years ago, has now expanded three times since they started their business in 1992,” Mayor Clark said. “The company provides highly skilled, well-paying jobs for our community and we are very pleased that they continue to grow in Franklin.”
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